Month: March 2020

Blow To Bitcoin As Russia Moves To Effectively Ban Crypto

The bitcoin and cryptocurrency community is reeling from the sudden market downturn in the face of the coronavirus crisis, with bitcoin prices swinging wildly over recent days.

Earlier this month, many cheered India’s decision to permit banks in the country to trade cryptocurrency—something that was expected to boost the bitcoin price though the market collapsed amid coronavirus-induced panic.

Now, as potential bitcoin buyers are weighing whether to jump back into the market, a…

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Mt. Gox CEO Slams Plaintiff for Adjusting Fraud Allegations Mid-Case

Mark Karpeles, the former CEO of defunct cryptocurrency exchange Mt. Gox, accuses plaintiff Gregory Greene of altering the factual basis of his claims against Karplese mid-case, according to his March 16 response to Greene’s justification for continuing the case.

Gregory Greene, the last remaining plaintiff in what was previously a class action against the Mt. Gox ex-executive, voluntarily dismissed two other claims against Karpeles recently — leaving Greene’s allegations of common law fraud as the sole claim against Karpeles in the case.

Former Mt. Gox CEO attacks Greene for changing basis to claims

On March 16, Karpeles asserted that the case brought against him should now be dismissed, arguing that the plaintiff has added a “host” of new allegations to support his claim that…

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Belgium government to auction off seized bitcoin later this month

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The federal government of Belgium is set to put over €110,000 (~$125,000) worth of bitcoin and other cryptocurrencies under the hammer via an Ireland-based auction house.

Wilsons Auctions announced Friday that it will hold an online auction of the crypto funds later this month, with no reserve, meaning there will not be a minimum price as the winning bid.

The auction will start at noon GMT (8 am EST) on March 24. Three cryptocurrencies – bitcoin (BTC), bitcoin cash (BCH), and bitcoin gold (BTG) – will be sold off into small lots. Bitcoin, for instance, will be offered in 0.25-1 units.

Buying cryptocurrency via exchanges can be a “risky and daunting process,” according to Mark Woods, asset recovery executive at Wilsons Auctions. “We offer guidance throughout the process which means that both newcomers to the world of cryptocurrency and experienced investors can all participate on a level playing field.”

This is not the first time Wilsons has held an auction of cryptocurrencies. Last September, it helped realize £300,000 (~$395,000) on behalf of U.K. police forces through the sale of bitcoin and other cryptocurrencies. In March 2019, Wilsons managed an auction…

Read more at www.theblockcrypto.com

What Is Ravencoin (RVN) and Is It a Legit Cryptocurrency?

While there are thousands of blockchain-based cryptocurrencies currently in existence, a good number of them are just “shitcoins” with no use cases, while some others are designed to uphold the real ethos of blockchain technology. Here we take a sneak peek into Ravencoin (RVN) and what it has to offer.

Ravencoin (RVN) Just Like Bitcoin 

According to a report released by TheCurrencyAnalytics, on March 9, 2020, Ravencoin (RVN) is a proof-of-work (PoW) altcoin built using the Bitcoin…

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What Is Ravencoin (RVN) and Is It a Legit Cryptocurrency?

While there are thousands of blockchain-based cryptocurrencies currently in existence, a good number of them are just “shitcoins” with no use cases, while some others are designed to uphold the real ethos of blockchain technology. Here we take a sneak peek into Ravencoin (RVN) and what it has to offer.

Ravencoin (RVN) Just Like Bitcoin 

According to a report released by TheCurrencyAnalytics, on March 9, 2020, Ravencoin (RVN) is a proof-of-work (PoW) altcoin built using the Bitcoin…

Read more…

What Is Ravencoin (RVN) and Is It a Legit Cryptocurrency?

While there are thousands of blockchain-based cryptocurrencies currently in existence, a good number of them are just “shitcoins” with no use cases, while some others are designed to uphold the real ethos of blockchain technology. Here we take a sneak peek into Ravencoin (RVN) and what it has to offer.

Ravencoin (RVN) Just Like Bitcoin 

According to a report released by TheCurrencyAnalytics, on March 9, 2020, Ravencoin (RVN) is a proof-of-work (PoW) altcoin built using the Bitcoin…

Read more…

What Is Ravencoin (RVN) and Is It a Legit Cryptocurrency?

While there are thousands of blockchain-based cryptocurrencies currently in existence, a good number of them are just “shitcoins” with no use cases, while some others are designed to uphold the real ethos of blockchain technology. Here we take a sneak peek into Ravencoin (RVN) and what it has to offer.

Ravencoin (RVN) Just Like Bitcoin 

According to a report released by TheCurrencyAnalytics, on March 9, 2020, Ravencoin (RVN) is a proof-of-work (PoW) altcoin built using the Bitcoin…

Read more…

What Is Ravencoin (RVN) and Is It a Legit Cryptocurrency?

While there are thousands of blockchain-based cryptocurrencies currently in existence, a good number of them are just “shitcoins” with no use cases, while some others are designed to uphold the real ethos of blockchain technology. Here we take a sneak peek into Ravencoin (RVN) and what it has to offer.

Ravencoin (RVN) Just Like Bitcoin 

According to a report released by TheCurrencyAnalytics, on March 9, 2020, Ravencoin (RVN) is a proof-of-work (PoW) altcoin built using the Bitcoin…

Read more…

What Is Ravencoin (RVN) and Is It a Legit Cryptocurrency?

While there are thousands of blockchain-based cryptocurrencies currently in existence, a good number of them are just “shitcoins” with no use cases, while some others are designed to uphold the real ethos of blockchain technology. Here we take a sneak peek into Ravencoin (RVN) and what it has to offer.

Ravencoin (RVN) Just Like Bitcoin 

According to a report released by TheCurrencyAnalytics, on March 9, 2020, Ravencoin (RVN) is a proof-of-work (PoW) altcoin built using the Bitcoin…

Read more…

What Is Ravencoin (RVN) and Is It a Legit Cryptocurrency?

While there are thousands of blockchain-based cryptocurrencies currently in existence, a good number of them are just “shitcoins” with no use cases, while some others are designed to uphold the real ethos of blockchain technology. Here we take a sneak peek into Ravencoin (RVN) and what it has to offer.

Ravencoin (RVN) Just Like Bitcoin 

According to a report released by TheCurrencyAnalytics, on March 9, 2020, Ravencoin (RVN) is a proof-of-work (PoW) altcoin built using the Bitcoin…

Read more…

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